Indigenous Rights Report: 94% Of US Companies Ignore Rural Community Impacts
Recent community backlash against the Keystone XL pipeline, Indigenous protests against oil and gas concession auctions in Ecuador and Peru, and violent resource conflicts in Indonesia have all exposed extractive companies’ poor community engagement practices – and companies are doing nothing about it.A recent study from First Peoples Worldwide found that only 6 percent of publicly-held US oil, gas and mining companies utilize adequate risk management tools when working with communities, making people in rural areas increasingly vulnerable to extractive projects’ negative social and environmental impacts, and exposing shareholders to financial loss.
According to the Oxford Poverty and Human Development Initiative, 85% of the world’s poor live in rural areas.